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AvalonBay Communities（AVB）与FEDERAL SIGNAL CORP（FSS）财务数据对比。点击上方公司名可切换其他公司
AvalonBay Communities的季度营收约是FEDERAL SIGNAL CORP的1.3倍（$767.9M vs $597.1M），AvalonBay Communities净利率更高（9040.6% vs 10.2%，领先9030.4%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs 3.7%），AvalonBay Communities自由现金流更多（$1.4B vs $89.5M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs 3.8%）
AvalonBay Communities是一家公开上市的房地产投资信托（REIT），核心业务聚焦公寓类不动产的投资与运营，旗下持有并管理大量区位优质的公寓项目，为租户提供高品质居住服务，在北美住宅地产投资领域拥有较高知名度。
联邦信号公司是20世纪早期的美国企业，主营铁路信号设备的制造业务，总部坐落于美国纽约州奥尔巴尼市，其生产的相关信号产品在当时的美国轨道交通行业得到了广泛应用，具备一定的行业知名度。
AVB vs FSS — 直观对比
营收规模更大
AVB
是对方的1.3倍
$597.1M
营收增速更快
FSS
高出22.8%
3.7%
净利率更高
AVB
高出9030.4%
10.2%
自由现金流更多
AVB
多$1.3B
$89.5M
两年增速更快
FSS
近两年复合增速
3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $597.1M |
| 净利润 | $166.0M | $60.8M |
| 毛利率 | — | 28.4% |
| 营业利润率 | 64.2% | 14.0% |
| 净利率 | 9040.6% | 10.2% |
| 营收同比 | 3.7% | 26.5% |
| 净利润同比 | -41.2% | 21.6% |
| 每股收益（稀释后） | $1.18 | $0.99 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AVBFSS
| Q4 25 | $767.9M | $597.1M | ||
| Q3 25 | $766.8M | $555.0M | ||
| Q2 25 | $760.2M | $564.6M | ||
| Q1 25 | $745.9M | $463.8M | ||
| Q4 24 | $740.5M | $472.0M | ||
| Q3 24 | $734.3M | $474.2M | ||
| Q2 24 | $726.0M | $490.4M | ||
| Q1 24 | $712.9M | $424.9M |
净利润AVBFSS
| Q4 25 | $166.0M | $60.8M | ||
| Q3 25 | $381.3M | $68.1M | ||
| Q2 25 | $268.7M | $71.4M | ||
| Q1 25 | $236.6M | $46.3M | ||
| Q4 24 | $282.1M | $50.0M | ||
| Q3 24 | $372.5M | $53.9M | ||
| Q2 24 | $253.9M | $60.8M | ||
| Q1 24 | $173.4M | $51.6M |
毛利率AVBFSS
| Q4 25 | — | 28.4% | ||
| Q3 25 | — | 29.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 28.2% | ||
| Q4 24 | — | 28.1% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 29.4% | ||
| Q1 24 | — | 27.3% |
营业利润率AVBFSS
| Q4 25 | 64.2% | 14.0% | ||
| Q3 25 | 65.7% | 16.9% | ||
| Q2 25 | 67.6% | 17.3% | ||
| Q1 25 | 68.5% | 14.2% | ||
| Q4 24 | 63.1% | 14.9% | ||
| Q3 24 | 65.4% | 16.0% | ||
| Q2 24 | 66.6% | 16.5% | ||
| Q1 24 | 67.2% | 12.8% |
净利率AVBFSS
| Q4 25 | 9040.6% | 10.2% | ||
| Q3 25 | 49.7% | 12.3% | ||
| Q2 25 | 35.3% | 12.6% | ||
| Q1 25 | 31.7% | 10.0% | ||
| Q4 24 | 38.1% | 10.6% | ||
| Q3 24 | 50.7% | 11.4% | ||
| Q2 24 | 35.0% | 12.4% | ||
| Q1 24 | 24.3% | 12.1% |
每股收益（稀释后）AVBFSS
| Q4 25 | $1.18 | $0.99 | ||
| Q3 25 | $2.68 | $1.11 | ||
| Q2 25 | $1.88 | $1.16 | ||
| Q1 25 | $1.66 | $0.75 | ||
| Q4 24 | $1.99 | $0.80 | ||
| Q3 24 | $2.61 | $0.87 | ||
| Q2 24 | $1.78 | $0.99 | ||
| Q1 24 | $1.22 | $0.84 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $187.2M | $63.7M |
| 总债务越低越好 | $9.3B | $564.6M |
| 股东权益账面价值 | $11.6B | $1.4B |
| 总资产 | $22.2B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.80× | 0.41× |
8季度趋势，按日历期对齐
现金及短期投资AVBFSS
| Q4 25 | $187.2M | $63.7M | ||
| Q3 25 | $123.3M | $54.4M | ||
| Q2 25 | $102.8M | $64.7M | ||
| Q1 25 | $53.3M | $57.5M | ||
| Q4 24 | $108.6M | $91.1M | ||
| Q3 24 | $552.4M | $73.7M | ||
| Q2 24 | $545.8M | $48.6M | ||
| Q1 24 | $287.9M | $48.9M |
总债务AVBFSS
| Q4 25 | $9.3B | $564.6M | ||
| Q3 25 | $8.7B | $201.2M | ||
| Q2 25 | $8.7B | $258.3M | ||
| Q1 25 | $8.3B | $266.9M | ||
| Q4 24 | $8.1B | $204.4M | ||
| Q3 24 | $8.4B | $223.3M | ||
| Q2 24 | $8.4B | $248.8M | ||
| Q1 24 | $8.0B | $266.8M |
股东权益AVBFSS
| Q4 25 | $11.6B | $1.4B | ||
| Q3 25 | $11.9B | $1.3B | ||
| Q2 25 | $11.9B | $1.3B | ||
| Q1 25 | $11.9B | $1.2B | ||
| Q4 24 | $11.9B | $1.2B | ||
| Q3 24 | $11.9B | $1.1B | ||
| Q2 24 | $11.7B | $1.1B | ||
| Q1 24 | $11.7B | $1.0B |
总资产AVBFSS
| Q4 25 | $22.2B | $2.4B | ||
| Q3 25 | $21.9B | $1.9B | ||
| Q2 25 | $21.8B | $1.9B | ||
| Q1 25 | $21.2B | $1.9B | ||
| Q4 24 | $21.0B | $1.8B | ||
| Q3 24 | $21.3B | $1.7B | ||
| Q2 24 | $21.0B | $1.7B | ||
| Q1 24 | $20.6B | $1.7B |
负债/权益比AVBFSS
| Q4 25 | 0.80× | 0.41× | ||
| Q3 25 | 0.73× | 0.15× | ||
| Q2 25 | 0.72× | 0.20× | ||
| Q1 25 | 0.70× | 0.22× | ||
| Q4 24 | 0.68× | 0.17× | ||
| Q3 24 | 0.70× | 0.19× | ||
| Q2 24 | 0.71× | 0.23× | ||
| Q1 24 | 0.68× | 0.26× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.7B | $97.2M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $89.5M |
| 自由现金流率自由现金流/营收 | 183.5% | 15.0% |
| 资本支出强度资本支出/营收 | 34.1% | 1.3% |
| 现金转化率经营现金流/净利润 | 10.07× | 1.60× |
| 过去12个月自由现金流最近4个季度 | $2.5B | $227.1M |
8季度趋势，按日历期对齐
经营现金流AVBFSS
| Q4 25 | $1.7B | $97.2M | ||
| Q3 25 | $477.0M | $61.1M | ||
| Q2 25 | $377.8M | $59.7M | ||
| Q1 25 | $415.9M | $36.7M | ||
| Q4 24 | $1.6B | $90.6M | ||
| Q3 24 | $486.2M | $68.8M | ||
| Q2 24 | $380.0M | $40.6M | ||
| Q1 24 | $412.9M | $31.3M |
自由现金流AVBFSS
| Q4 25 | $1.4B | $89.5M | ||
| Q3 25 | $402.2M | $54.1M | ||
| Q2 25 | $317.1M | $52.4M | ||
| Q1 25 | $367.5M | $31.1M | ||
| Q4 24 | $1.4B | $82.1M | ||
| Q3 24 | $434.2M | $60.9M | ||
| Q2 24 | $333.0M | $24.8M | ||
| Q1 24 | $375.4M | $22.9M |
自由现金流率AVBFSS
| Q4 25 | 183.5% | 15.0% | ||
| Q3 25 | 52.5% | 9.7% | ||
| Q2 25 | 41.7% | 9.3% | ||
| Q1 25 | 49.3% | 6.7% | ||
| Q4 24 | 191.0% | 17.4% | ||
| Q3 24 | 59.1% | 12.8% | ||
| Q2 24 | 45.9% | 5.1% | ||
| Q1 24 | 52.7% | 5.4% |
资本支出强度AVBFSS
| Q4 25 | 34.1% | 1.3% | ||
| Q3 25 | 9.8% | 1.3% | ||
| Q2 25 | 8.0% | 1.3% | ||
| Q1 25 | 6.5% | 1.2% | ||
| Q4 24 | 26.1% | 1.8% | ||
| Q3 24 | 7.1% | 1.7% | ||
| Q2 24 | 6.5% | 3.2% | ||
| Q1 24 | 5.3% | 2.0% |
现金转化率AVBFSS
| Q4 25 | 10.07× | 1.60× | ||
| Q3 25 | 1.25× | 0.90× | ||
| Q2 25 | 1.41× | 0.84× | ||
| Q1 25 | 1.76× | 0.79× | ||
| Q4 24 | 5.70× | 1.81× | ||
| Q3 24 | 1.31× | 1.28× | ||
| Q2 24 | 1.50× | 0.67× | ||
| Q1 24 | 2.38× | 0.61× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AVB
暂无分部数据
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
